Bitilly: A Cryptocurrency Based Marketplace for Everyone
Bitilly is a cryptocurrency based marketplace in which anyone is free to buy and sell products to people all across the world. Businesses can freely sell their wares across multiple different categories, including but not limited to electronics, clothing, computers, home and kitchen, health and beauty, jewellery and watches, toys and smartphones. Bitilly is similar to many popular eCommerce websites with the notable difference that all payments will be accepted in cryptocurrencies. Cryptocurrencies that Bitilly currently support include Bitcoin, Dogecoin and Verge. These are some of the most popular cryptocurrencies, and offers a great opportunity to buyers willing to buy goods with their coins. Additionally, extra coins and fiat currency (the currency that you transact with on a day-to-day basis such as dollars or euros) will be supported in the future, giving you maximum freedom.
Bitilly: A Global Platform
Bitilly offers a convenient way for anyone to purchase or sell via their favourite cryptocurrencies. This means that anyone can globally make purchases or sales without needing a credit or debit card. In fact, it is not possible to make a payment with a debit or credit card on Bitilly, meaning all sellers on the marketplace are truly decentralized.
Bitilly: A Buyer Friendly Platform
Bitilly is extremely customer focused. Bitilly aims to offer a secure, stress free way of buying goods with cryptocurrencies, without fear of losing funds or problems with product returns. For example, if you as a customer have not received your product, you are free to cancel your order after 14 days and the funds will be returned to your account. Similarly, any seller who does not respond to customer messages can cancel the order after 14 days and have funds returned to the customer account.
Bitilly: Great for Sellers
Bitilly offers a fantastic platform for anyone to sell both new and second-hand products. It’s an open platform in which a potential seller needs to register a vendor account in order to verify legitimacy. Bitilly will only accept authentic vendors with authentic, legal goods for sale. While placing goods for sale on Bitilly is free, there is a low commission charge of 2.5% on any sold goods through the marketplace. For sellers on Bitilly, taxes are not applied as this is the responsibility of each individual vendor.
Bitilly: Security First
Security is extremely important for both the customer and the seller. This means that whenever a transaction takes place, the value involved (the cryptocurrency) will be held in escrow until both the buyer and seller meet the requirements of the sale. This means that anytime a buyer makes a purchase you have the option of Bitilly holding these funds until the seller meets their part of the arrangement. Bitilly will act as a mediator to return funds in cases where parties don’t meet the requirements. While escrow is not mandatory, we encourage users to use it as it is a safer option!
Please get in touch if you have any questions! Happy shopping on Bitilly.
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